Quote from: aardvark15 on November 30, 2017, 04:35:17 PM

Quote from: andytranter on November 30, 2017, 01:45:38 PM

So after being paid a little bonus, i'm wondering what is best to do....

I'm not sure how low BTC will come down to after this monsterous surge, so i figure i have 2 options:

1 - Buy BTC when i figure is the best time. But when is that time?!?! Is it when it reaches $9,000? $8,000? Is it even likely to go that low again?

2 - Buy another miner and have it hosted somewhere. I already have a home miner so i'd like somewhere cheaper to run another one (expensive and inconvenient in the UK), and i'd like to skip the $200/250 import VAT duty. But then i have to wait 2 months or so for an S9. Or maybe worth waiting until the new Avalon 8 series comes out early next year?

With this amazing surge in price, i'm tempted to just buy more BTC, but then i am concerned the price might correct itself and lose out.

Thoughts everyone? What would you do with $1500? Huh

Personally, I would take the easy route and buy a little more Bitcoin with it. I would set a target buy price for whatever you are comfortable with ($9000 maybe?) and wait to see what happens. Or you could just wait and if the price takes a bigger drop, then buy. If it doesnt drop much, you can use the money for mining.

For me, I wouldnt worry too much about whether I bought at $9000 or $8500 because I would hold to sell at $25,000 at least and probably more than that. I would expect a good profit either way.

My opinion is you buy bitcoins then you will get approximately 0.16+ BTC, and you can wait up to the price cross $20k then what is your profit just $1500. And we are not sure when the price will reach $20k your good luck within 2 months it will cross or your bad luck it may take a year. But mining is not like that you can mine your coins, and when you need money, you can sell it. Before making any decision think it from all ways.